Steve King, the Iowa representative with much conservative sway, told The Hill that he thinks Palin’s intentions are more promotional than presidential:

“My sense is that Sarah Palin has been actively staying engaged to keep her name in the mix. I just think she was going to put out a stronger indication by now if she was going to run,” said Rep. Steve King (R-Iowa) on a Monday phone interview. “I still think Sarah Palin isn’t going to enter this race.”

King has close ties to Michele Bachmann’s campaign, but has yet to endorse a candidate.